NOT LISTED FOR SALE

109 Olde Salem Dr Jamestown, NC 27282

Estimated Value: $515,272 - $625,000

4 Beds
3.5 Baths
3,500 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2018

Last sale price $312,000 $89 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,412 / mo

121 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Solid Surface Countertops
  • Kitchen Island
  • Ceiling Fan

About This Home

As of February 2018

Fantastic spacious home in Spencer’s Trace! 2-story great room w/ wonderful natural light. Gourmet eat-in kitchen w/ granite counter tops, island w/storage, ss appliances, butler’s pantry and pantry closet. Hardwoods in foyer, dining, & living room. Crown molding. 4 bdrs w/ bonus upstairs includes large master bdr w/walk in closet, double sinks, and separate shower w/garden tub. Private backyard with a deck off the kitchen. Sprinkler system in front yard, Central vacuum system and oversized garage.

Last Agent to Sell the Property

Ashley Meredith

Berkshire Hathaway HomeServices Yost & Little Realty License #200568 Listed on: 09/21/2017

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,073

Year Built

  • Built in 2003

Lot Details

  • 12,197 Sq Ft Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned RS-7

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,324 Sq Ft Home
  • 2,900-3,500 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Jamestown Middle School
  • Ragsdale High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Spencers Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0099885
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,073

Year Built

Built in 2003

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Subdivision Name: Spencers Trace
  • Directions: Take Wendover Ave to Guilford College Rd, take a R onto Guilford College, pass Lowes Grocery on your right, Left onto Olde Salem Drive, home is on the left hand side.
  • Above Grade Finished Sq Ft: 3324
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 2003
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2900 - 3500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Exhaust Fan, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry, Solid Surface Counter, Central Vacuum
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 3324
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Sprinkler System
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas
  • Energy Features: Storm Doors

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Pilot
  • High School: Ragsdale
  • Middle Or Junior School: Jamestown

Lot Info

  • Parcel #: 0099885
  • Zoning: RS-7
  • TRIADMLS_PlatPage: 6
  • TRIADMLS_PlatBook: 151
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 4073
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Feb 23, 2018
Sold by
Laux Michael F and Laux Linda D
Bought by
Lednum Lexie Lee and Lednum Brynn Parker
Seller's Agent
Ashley Meredith
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$339,000
Sold Price
$312,000
Premium/Discount to List
-$27,000
-7.96%
Current Estimated Value
$566,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,068
Avg. Annual Appreciation
7.54%
Original Mortgage
$249,600
Outstanding Balance
$211,389
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$354,679

Purchase Details

Closed on
Dec 29, 2003
Sold by
Centex Homes
Bought by
Laux Michael F and Laux Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,395
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lednum Lexie Lee $312,000 None Available
Laux Michael F $334,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lednum Lexie Lee $249,600
Previous Owner Laux Michael F $317,395
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $312,000 -8.0% $108 / Sq Ft
01/21/2018 01/21/18 Pending -- -- --
09/21/2017 09/21/17 For Sale $339,000 -- $117 / Sq Ft
Source: Triad MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,933 $351,600 $78,000 $273,600
2024 $4,933 $351,600 $78,000 $273,600
2023 $4,933 $351,600 $78,000 $273,600
2022 $4,792 $351,600 $78,000 $273,600
2021 $4,162 $298,800 $55,000 $243,800
2020 $4,162 $298,800 $55,000 $243,800
2019 $4,162 $298,800 $0 $0
2018 $4,043 $298,800 $0 $0
2017 $4,073 $298,800 $0 $0
2016 $3,984 $287,800 $0 $0
2015 $4,008 $287,800 $0 $0
2014 $4,036 $287,800 $0 $0
Source: Public Records

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Map

Source: Triad MLS

MLS Number: 850545

Triad MLS

APN: 0099885

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